Hormuz traffic still blocked as Iran tries to formalize control
Ship traffic through the Strait of Hormuz remained blocked Thursday, even as a handful of Chinese vessels lined up to escape, with a very fragile ceasefire between the US and…
Goldman flags $100-plus Brent if Hormuz shut another month
Brent crude is set to average more than $100 a barrel through 2026 if the Strait of Hormuz remains closed for another month, according to Goldman Sachs Group Inc. “The…
Nutella jumps on the best product placement money can’t buy: A trip to the far side of the Moon
Between faulty Outlook headaches and a toilet on the fritz that releases … well, gas into the air, the astronauts aboard NASA’s Artemis II mission may be feeling as if…
ARK Invest is betting on underdog drone delivery company Manna to beat out Alphabet and Zipline
Bobby Healy is at peace with his drone delivery enterprise being unsexy. “Think of us like a low-cost airline,” the Manna CEO told Fortune. That pitch just landed him $50…
The U.S. government is spending $88 billion a month in interest on national debt—equal to spending on defense and education combined
The problem with an increasing debt burden is that it costs more to maintain it: This is precisely the issue with which the U.S. Treasury is wrangling at present. As…
Jamie Dimon says the best teams work like Navy SEALs, not sprawling ‘flat’ corporations
Corporate America has entered the era of the megamanager. For years now, employers have assigned more and more workers per boss in an effort to minimize the cost of managers…
Delta’s CEO spent 15 years turning the airline into a premium brand. Now it commands 20% more per seat than rivals
Delta Air Lines CEO Ed Bastian has never wavered in his commitment the same bet: that Americans will pay more for a better experience in the sky. Fifteen years in,…
75% of Gen Z equate desk jobs with burnout and instability—and 1 in 4 are picking up a toolbelt instead
Desk jobs were once the golden ticket to steady pay, job security, and a career you could build a life around. But Gen Z isn’t so sure anymore. They’ve watched…
Why Trump’s 2027 budget could be the document that triggers a debt crisis
America’s long-term budget outlook just got a lot scarier. If the bond vigilantes are already circling, and if they’re looking for more reasons to dump U.S. bonds and push Treasury…
Warner Bros. CEO David Zaslav’s ‘extraordinary’ $887 million golden parachute gets ripped by proxy advisory firm ISS
An advisory firm that counsels the largest institutional investors on how to vote at shareholder meetings is recommending investors support Warner Bros. Discovery’s $77.7 billion acquisition by Paramount Skydance but…